Financials
Financial year 2024
OLM from Ieper, company number BE0467665011, closed financial year 2024 with a result of € 92,648 after tax. For that financial year OLM recorded a gross margin of € 172,849 and equity of € 767,909. Compared with financial year 2023, the result moved from € 53,783 to € 92,648. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ 767,909
▲ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 92,648
▲ 72% vs 2023
Profit after tax over the fiscal year.
€ 89,753
▼ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 33,955 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 38,192
▲ 3% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 32,032
▼ 41% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 12,962
▼ 51% vs 2023
Loans from banks and other lenders, long and short.
€ 6,479
▲ 79% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,145
▲ 41% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 188,620 | € 190,590 | € 163,592 | € 172,849 | ▲ 6% |
| Profit after taxes | € 66,190 | € 63,312 | € 53,783 | € 92,648 | ▲ 72% |
| Equity | € 727,796 | € 741,434 | € 709,217 | € 767,909 | ▲ 8% |
| Total debts | € 57,057 | € 86,838 | € 56,354 | € 45,444 | ▼ 19% |
| Cash | € 228,345 | € 274,238 | € 239,488 | € 89,753 | ▼ 63% |
| Land & buildings | € 223,598 | € 190,335 | € 176,183 | € 143,999 | ▼ 18% |
| Retained profit | € 715,396 | € 729,034 | € 696,817 | € 755,509 | ▲ 8% |
| Dividend | € 0 | € 49,674 | € 86,000 | € 33,955 | ▼ 61% |
| Bank debt | € 6,250 | € 40,929 | € 26,582 | € 12,962 | ▼ 51% |
| Balance sheet total | € 784,853 | € 828,272 | € 765,571 | € 813,353 | ▲ 6% |
Key figures of OLM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to OLM?
What happened at OLM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 92,648 (▲ 72% vs 2023). filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,190 profit in 2021 to € 92,648 profit in 2024.
Paid € 132,914 in corporate taxes since 2021.
Best year ever: 2024, with € 92,648 profit.
Paid out € 169,630 in dividends to the owners in total.
Management
Behind OLM are Yvan Pieters and Tim Pieters. Tim Pieters is also behind INSURE 4 YOU.
Directors
According to the 2024 annual accounts
Yvan Pieters
Director
Establishments
Establishment units
Physical locations of this company
Pottemstraat 37
8908 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Website info
Features
Security
Details
- Company number
- 0467.665.011
- VAT number
- BE 0467.665.011
- Registered office
- Pottemstraat 37, 8908 Ieper
- Names & denominations
- OLM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 1999
- Peppol
- Active · Active since 18 Feb 2026
- Activities · NACE
Activiteiten van verzekeringsagenten en -makelaars